NYSE:MTDR

Stock Analysis Report

Executive Summary

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States.

Snowflake

Fundamentals

Undervalued with reasonable growth potential.


Similar Companies

Share Price & News

How has Matador Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MTDR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.0%

MTDR

-2.9%

US Oil and Gas

0.9%

US Market


1 Year Return

-40.0%

MTDR

-13.7%

US Oil and Gas

16.8%

US Market

Return vs Industry: MTDR underperformed the US Oil and Gas industry which returned -13.7% over the past year.

Return vs Market: MTDR underperformed the US Market which returned 16.8% over the past year.


Shareholder returns

MTDRIndustryMarket
7 Day-2.0%-2.9%0.9%
30 Day12.3%0.9%4.5%
90 Day-10.2%-0.2%6.2%
1 Year-40.0%-40.0%-10.6%-13.7%19.4%16.8%
3 Year-45.6%-45.6%-10.8%-19.0%47.5%38.0%
5 Year-33.7%-33.7%-24.9%-35.8%62.0%44.1%

Price Volatility Vs. Market

How volatile is Matador Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Matador Resources undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MTDR ($14.03) is trading below our estimate of fair value ($69.39)

Significantly Below Fair Value: MTDR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MTDR is good value based on its PE Ratio (8.2x) compared to the Oil and Gas industry average (9.9x).

PE vs Market: MTDR is good value based on its PE Ratio (8.2x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: MTDR is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: MTDR is overvalued based on its PB Ratio (0.9x) compared to the US Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is Matador Resources forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

29.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTDR's forecast earnings growth (29.2% per year) is above the savings rate (2.7%).

Earnings vs Market: MTDR's earnings (29.2% per year) are forecast to grow faster than the US market (14.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MTDR's revenue (17.4% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: MTDR's revenue (17.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MTDR's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Matador Resources performed over the past 5 years?

43.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MTDR has high quality earnings.

Growing Profit Margin: MTDR's current net profit margins (23.1%) are higher than last year (22.6%).


Past Earnings Growth Analysis

Earnings Trend: MTDR has become profitable over the past 5 years, growing earnings by 43.4% per year.

Accelerating Growth: MTDR's earnings growth over the past year (14%) is below its 5-year average (43.4% per year).

Earnings vs Industry: MTDR earnings growth over the past year (14%) exceeded the Oil and Gas industry -9.9%.


Return on Equity

High ROE: MTDR's Return on Equity (12.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Matador Resources's financial position?


Financial Position Analysis

Short Term Liabilities: MTDR's short term assets ($269.3M) do not cover its short term liabilities ($403.4M)

Long Term Liabilities: MTDR's short term assets ($269.3M) do not cover its long term liabilities (1.6B)


Debt to Equity History and Analysis

Debt Level: MTDR's debt to equity ratio (79.2%) is considered high.

Reducing Debt: MTDR's debt to equity ratio has increased from 30.6% to 79.2% over the past 5 years.

Debt Coverage: MTDR's debt is well covered by operating cash flow (35.8%).

Interest Coverage: MTDR's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet

Inventory Level: MTDR has a high level of physical assets or inventory.

Debt Coverage by Assets: MTDR's debt is not covered by short term assets (assets are 0.2x debt).


Next Steps

Dividend

What is Matador Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage4.2%forecastin3Years0%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate MTDR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate MTDR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MTDR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MTDR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MTDR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Matador Resources's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Joseph Foran (67yo)

16.3yrs

Tenure

US$7,359,320

Compensation

Mr. Joseph Wm. Foran co-founded Matador Resources Company in July 2003 and has been Chairman, Chief Executive Officer and Secretary since July 2003 and served as its President from July 2003 to November 20 ...


CEO Compensation Analysis

Compensation vs Market: Joseph's total compensation ($USD7.36M) is above average for companies of similar size in the US market ($USD3.91M).

Compensation vs Earnings: Joseph's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.8yrs

Average Tenure

58yo

Average Age

Experienced Management: MTDR's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

3.1yrs

Average Tenure

63.5yo

Average Age

Experienced Board: MTDR's board of directors are considered experienced (3.1 years average tenure).


Insider Trading

Insider Buying: MTDR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$139,00018 Nov 19
Joseph Foran
EntityIndividual
Role
Chief Executive Officer
Founder
Shares10,000
Max PriceUS$13.90
BuyUS$143,00014 Nov 19
Joseph Foran
EntityIndividual
Role
Chief Executive Officer
Founder
Shares10,000
Max PriceUS$14.30
BuyUS$49,96119 Aug 19
Timothy Parker
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,584
Max PriceUS$13.94
BuyUS$28,22016 Aug 19
Craig Adams
EntityIndividual
Role
Chief Administrative Officer
Executive VP and COO of Land
Shares2,000
Max PriceUS$14.11
BuyUS$113,12015 Aug 19
Joseph Foran
EntityIndividual
Role
Chief Executive Officer
Founder
Shares8,000
Max PriceUS$14.14
BuyUS$30,68013 Aug 19
Bradley Robinson
EntityIndividual
Role
Chief Technology Officer
Executive VP of of Reservoir Engineering & CTO
Shares2,000
Max PriceUS$15.34
BuyUS$54,93313 Aug 19
David Posner
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,650
Max PriceUS$15.05
BuyUS$22,42512 Aug 19
Robert Macalik
EntityIndividual
Role
Chief Accounting Officer
Senior VP & Chief Accounting Officer
Shares1,500
Max PriceUS$14.95
BuyUS$22,36509 Aug 19
David Lancaster
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares1,500
Max PriceUS$14.91
BuyUS$22,27508 Aug 19
Matthew Hairford
EntityIndividual
Role
President
President
Shares1,500
Max PriceUS$14.85
BuyUS$120,40005 Aug 19
Joseph Foran
EntityIndividual
Role
Chief Executive Officer
Founder
Shares8,000
Max PriceUS$15.05
BuyUS$83,80011 Jun 19
Bradley Robinson
EntityIndividual
Role
Chief Technology Officer
Executive VP of of Reservoir Engineering & CTO
Shares5,000
Max PriceUS$16.76
BuyUS$33,56011 Jun 19
Matthew Hairford
EntityIndividual
Role
President
President
Shares2,000
Max PriceUS$16.78
BuyUS$16,00007 Jun 19
Craig Adams
EntityIndividual
Role
Chief Administrative Officer
Executive VP and COO of Land
Shares1,000
Max PriceUS$16.00
BuyUS$88,80029 May 19
Kenneth Stewart
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max PriceUS$17.76
BuyUS$17,34008 Mar 19
Matthew Hairford
EntityIndividual
Role
President
President
Shares1,000
Max PriceUS$17.34
BuyUS$5,35517 Dec 18
Julia P. Rogers
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares300
Max PriceUS$17.85
BuyUS$26,20517 Dec 18
Reynald Baribault
EntityIndividual
Role
Lead Director
Lead Independent Director
Shares1,500
Max PriceUS$17.47
BuyUS$39,78011 Dec 18
Joseph Foran
EntityIndividual
Role
Chief Executive Officer
Founder
Shares2,000
Max PriceUS$19.89
BuyUS$9,91511 Dec 18
Van Singleton
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Land
Shares500
Max PriceUS$19.83
BuyUS$41,32010 Dec 18
Joseph Foran
EntityIndividual
Role
Chief Executive Officer
Founder
Shares2,000
Max PriceUS$20.66
BuyUS$44,63110 Dec 18
Van Singleton
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Land
Shares2,005
Max PriceUS$22.26
BuyUS$19,95107 Dec 18
Robert Baty
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares819
Max PriceUS$24.36
BuyUS$24,36006 Dec 18
Craig Burkert
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,000
Max PriceUS$24.36
BuyUS$4,82006 Dec 18
Julia P. Rogers
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares200
Max PriceUS$24.10
BuyUS$10,25103 Dec 18
Julia P. Rogers
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares450
Max PriceUS$22.78
BuyUS$22,82003 Dec 18
George Krug
EntityIndividual
Role
Head of Marketing
Senior Vice President of Marketing & Midstream
Shares1,000
Max PriceUS$22.82
BuyUS$49,44203 Dec 18
David Posner
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,160
Max PriceUS$22.89
BuyUS$23,03003 Dec 18
William Byerley
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,000
Max PriceUS$23.03
BuyUS$110,30030 Nov 18
Matthew Clifton
EntityIndividual
Shares5,000
Max PriceUS$22.06
BuyUS$32,62529 Nov 18
Reynald Baribault
EntityIndividual
Role
Lead Director
Lead Independent Director
Shares1,500
Max PriceUS$21.75
BuyUS$43,36029 Nov 18
Bradley Robinson
EntityIndividual
Role
Chief Technology Officer
Executive VP of of Reservoir Engineering & CTO
Shares2,000
Max PriceUS$21.68
BuyUS$54,70029 Nov 18
David Lancaster
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares2,500
Max PriceUS$21.88
BuyUS$22,33029 Nov 18
Billy Goodwin
EntityIndividual
Role
Senior Key Executive
Executive VP and COO of Drilling
Shares1,000
Max PriceUS$22.33
BuyUS$22,27028 Nov 18
Matthew Hairford
EntityIndividual
Role
President
President
Shares1,000
Max PriceUS$22.27
BuyUS$22,03028 Nov 18
Craig Adams
EntityIndividual
Role
Chief Administrative Officer
Executive VP and COO of Land
Shares1,000
Max PriceUS$22.03
BuyUS$43,90028 Nov 18
Joseph Foran
EntityIndividual
Role
Chief Executive Officer
Founder
Shares2,000
Max PriceUS$21.95
BuyUS$18,37627 Nov 18
Robert Macalik
EntityIndividual
Role
Chief Accounting Officer
Senior VP & Chief Accounting Officer
Shares800
Max PriceUS$22.97
BuyUS$44,86026 Nov 18
Joseph Foran
EntityIndividual
Role
Chief Executive Officer
Founder
Shares2,000
Max PriceUS$22.43

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.6%.


Management Team

  • Joseph Foran (67yo)

    Founder

    • Tenure: 16.3yrs
    • Compensation: US$7.36m
  • Brad Robinson (64yo)

    Executive VP of of Reservoir Engineering & CTO

    • Tenure: 6.5yrs
    • Compensation: US$689.75k
  • David Lancaster (62yo)

    Executive VP & CFO

    • Tenure: 12.5yrs
    • Compensation: US$3.49m
  • Matthew Hairford (58yo)

    President

    • Tenure: 6yrs
    • Compensation: US$3.78m
  • Craig Adams (52yo)

    Executive VP and COO of Land

    • Tenure: 4.4yrs
    • Compensation: US$3.21m
  • Billy Goodwin (61yo)

    Executive VP and COO of Drilling

    • Tenure: 0.6yrs
    • Compensation: US$2.98m
  • Van Singleton (41yo)

    Executive Vice President of Land

    • Tenure: 4.8yrs
    • Compensation: US$1.12m
  • George Krug (58yo)

    Senior Vice President of Marketing & Midstream

    • Tenure: 3.8yrs
  • Robert Macalik (40yo)

    Senior VP & Chief Accounting Officer

    • Tenure: 4.3yrs
  • Rey Antonio Revoltar

    Chief Executive Officer

    • Tenure: 0yrs

Board Members

  • Kenneth Stewart (65yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: US$219.56k
  • Joseph Foran (67yo)

    Founder

    • Tenure: 16.3yrs
    • Compensation: US$7.36m
  • Wade Massad (51yo)

    Consultant & Advisory to the Board

    • Tenure: 7.3yrs
    • Compensation: US$209.56k
  • Robert Baty (68yo)

    Independent Director

    • Tenure: 3.1yrs
    • Compensation: US$224.81k
  • Tim Parker (45yo)

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: US$310.18k
  • David Posner (65yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: US$218.56k
  • Rey Baribault (55yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: US$335.56k
  • Bill Byerley (65yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: US$233.81k
  • Craig Burkert (62yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: US$218.06k
  • Julia P. Rogers (59yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: US$223.81k

Company Information

Matador Resources Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Matador Resources Company
  • Ticker: MTDR
  • Exchange: NYSE
  • Founded: 2003
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$1.636b
  • Shares outstanding: 116.64m
  • Website: https://www.matadorresources.com

Number of Employees


Location

  • Matador Resources Company
  • One Lincoln Centre
  • 5400 LBJ Freeway
  • Dallas
  • Texas
  • 75240
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MTDRNYSE (New York Stock Exchange)YesCommon StockUSUSDFeb 2012

Biography

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates in two segm ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/20 00:16
End of Day Share Price2019/11/19 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.